MUMBAI : Shreyas Shipping and Logistics Limited (Shreyas), the Indian ship owning arm of the Transworld Group (www.transworld.com) and Yokohama based Suzue Corporation of Japan (www.suzue.co.jp) have signed the Joint Venture Agreement wherein a Joint Venture company would be formed which will capitalise on the possibilities in international freight forwarding, customs clearance service, warehousing services, land transport services and other related logistic services with additional focus on land bank development for commercial purposes in Indian Sub-continent and Japan.

 

The geographies covered by the agreement initially include Indian Sub-continent and Japan, with the possibility of extending to South East Asian nations.

 

The Agreement was executed by Mr. S. Ramakrishnan, Chairman and Managing Director of the Company and Mr. Takahiro Suzue, Chairman, Suzue Corporation at a signing ceremony in Mumbai.